{"id":66351,"date":"2025-10-08T21:23:07","date_gmt":"2025-10-08T21:23:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/66351\/"},"modified":"2025-10-08T21:23:07","modified_gmt":"2025-10-08T21:23:07","slug":"sp-500-sets-fresh-record-as-traders-pile-back-into-ai-stocks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/66351\/","title":{"rendered":"S&P 500 Sets Fresh Record as Traders Pile Back Into AI Stocks"},"content":{"rendered":"

US stocks closed at a record on Wednesday, thanks to shares benefiting from the artificial-intelligence boom as traders parsed minutes from the Federal Reserve<\/a>\u2019s September meeting that showed a willingness to lower interest rates further this year.<\/p>\n

The S&P 500 Index<\/a> was up 0.6%, notching its 33rd all-time high in 2025. The benchmark had snapped seven straight sessions of gains a day earlier when a drop in Oracle Corp.<\/a> called to question the sustainability of the AI trade. But the Nasdaq 100 Index<\/a> rose 1.2% on Wednesday, with Oracle shares climbing 1.5% after sliding as much as 7.1% Tuesday. A basket<\/a> of the so-called Magnificent Seven companies gained 0.8%. Nvidia Corp.<\/a> rose 2.2%<\/p>\n","protected":false},"excerpt":{"rendered":"US stocks closed at a record on Wednesday, thanks to shares benefiting from the artificial-intelligence boom as traders…\n","protected":false},"author":2,"featured_media":66352,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,22238,866,266,1943,3508,220,111,139,69,5746,2710,643,145,1429],"class_list":["post-66351","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-federal-open-market-committee","tag-federal-reserve","tag-government","tag-inflation","tag-interest-rates","tag-markets","tag-new-zealand","tag-newzealand","tag-nz","tag-oracle-corp","tag-sp-500-index","tag-stocks","tag-technology","tag-trade-war"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/66351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=66351"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/66351\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/66352"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=66351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=66351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=66351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}